1122 26th Ave, Seattle, WA 98122

$1,215,000
2,790
SqFt

Listing courtesy of Butler Real Estate Group.

List Price
$1,215,000
Status
ACTIVE
MLS#
1529219
Price Change
▼ $64,000 1574046216
Days on Market
137
Style
52 - Duplex
Building Condition
['Fair']
Finished SqFt
2,790
Lot Size (sq ft)
3,390

Property Description

A great investment opportunity awaits in the heart of Central Seattle. Includes 2 houses with 2 separate tax parcels. Both houses on the same water line, 2nd water line in place. Each house has 2BR/1BTH. Bonus room in basement. Properties have newer roofs less than two years old, newer water lines, updated plumbing, some electrical and gas furnace. Live one and rent one, or investment rental property. Clean and Move In Ready!

Additional Information

List Date
2019-10-11 00:00:00
Community
Central Area
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1919
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Cable TV, Dog Run, Fenced-Partially, Gas Available, High Speed Internet
Lot Details
Alley, Curbs, Paved Street
School District
Seattle
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$5,800
Gross Scheduled Income
$68,700
Vacancy Rate
3
Gross Adjusted Income
$66,639
Annual Taxes
$8,372
Tax Year
2018
Insurance Expense
$885
W/S/G Expenses
$2,425
Total Expenses
$12,682
Net Operating Income
$53,957
Gross Rent Multiplier
18
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1620
Unit 1 Rent
$2,900
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1170
Unit 2 Rent
$2,900
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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